Toyota Lease Takeover in Brampton, ON: 2019 Toyota Corolla Automatique 2WD ID:#36293 • LeaseCosts Canada

Payment Analysis

332.00CAD/monthin Brampton, ON

Before Taxes:

332.00 CAD/month
153.23 CAD/bi-weekly
76.62 CAD/week
3,984.00 CAD/year

Incl. Ontario Taxes (13%):

375.16 CAD/month
173.15 CAD/bi-weekly
86.58 CAD/week
4,501.92 CAD/year

Lease Takeover/Buyout Analysis

The Lease Takeover Analysis (LTA) "Leasing Purposes" section is an impartial review made by a Lease Takeover Specialist from LeaseCosts Canada Inc. and should be used as reference. (Learn more about the LTA)

For Leasing Purposes

With this deal, you are saving: 31,981 ~ 33,281 CAD

compared to leasing a BRAND NEW:

Toyota Corolla Automatic 2WD
for 12 months
in Ontario
$0 down payment
113000,000 km/year

Savings Breakdown:
Leasing New (CAD/month)	1,073
This Contract (CAD/month)	332
Monthly Difference	741 CAD/month
Remaining Term	x 41 months
Total Monthly Difference	= 30,381 CAD
+ Winter Tires Cost (CAD)	+ 800 ~ 1,200
+ Wear & Tear Coverage (CAD)	+ 800 ~ 1,700
Total Savings (CAD)	= 31,981 ~ 33,281

For Buyout Purposes

To own this vehicle today (buying it as a used car) would cost: 24,612 CAD

Total Vehicle Debt: 22,952 CAD
Paid so Far: -1,660 CAD (-8% Paid)
Remaining Lease Payments: 13,612 CAD
Residual Value: 11,000 CAD
Cash Incentive: 0 CAD

Vehicle Debt & Value

Paid so far: -1,660 CAD Total Vehicle Value: 22,952 CAD

-8% Paid

108%

Vehicle Debt Breakdown

Downpayment: 0 CAD Remaining Term: 13,612 CAD

Term Paid so Far: -1,660 CAD Residual Value: 11,000 CAD

-8%

59%

49%

Cost to Own

Already Paid: -1,660 CAD (-8%)

Cash Incentive: 0 CAD Buyout Price Today: 24,612 CAD

-8% Paid

108%

Additional Financing Details

Interested on financing the vehicle? This section automatically calculates the following scenarios: (Learn more about this financial analysis)

Finance the remaining Debt Today

Remaining Term + Residual Value: 24,612 CAD

4.9%Interest Rate x 48 months
566 CAD/month + tax
Total Payable: 27,153 CAD
Total Interest: 2,541 CAD

8.9%Interest Rate x 48 months
611 CAD/month + tax
Total Payable: 29,343 CAD
Total Interest: 4,731 CAD

14.9%Interest Rate x 48 months
684 CAD/month + tax
Total Payable: 32,819 CAD
Total Interest: 8,207 CAD

At the end of the Lease Contract

Residual Value: 11,000 CAD (in 41 months)

4.9%Interest Rate x 48 months
253 CAD/month + tax
Total Payable: 12,136 CAD
Total Interest: 1,136 CAD

8.9%Interest Rate x 48 months
273 CAD/month + tax
Total Payable: 13,114 CAD
Total Interest: 2,114 CAD

14.9%Interest Rate x 48 months
306 CAD/month + tax
Total Payable: 14,668 CAD
Total Interest: 3,668 CAD

Business Vehicle Analysis

This section is very important if you are interested in the vehicle for Uber, Lyft, Turo, Getaround, vehicle rental or for a business. (Learn more about this section)